TÜRKİYE İŞ BANKASI A.Ş.
Notes to the Consolidated Financial Statements for the Year Ended
31 December 2012
262
İŞBANK
ANNUAL REPORT 2012
h.4.
Movement of investments in subsidiaries:
Current Period
Prior Period
Balance at the Beginning of the Period
2,369,463
2,792,347
Movements in the Period
Purchases
(1)
225,428
417,877
Bonus Shares Acquired
Dividends Received from the Current Year Profit
Sales
Revaluation Surplus
(2)
825,243
(840,761)
Impairment
Balance at the End of the Period
3,420,134
2,369,463
Capital Commitments
Contribution in equity at the end of the period (%)
(1)
TL 225,428 recognized in the current period is comprised of the following: TL 65,594 is participation in the cash capital increases of Closed Joint Stock Company İşbank and TL 7,316 is the
remaining amount of USD 4 million payment mentioned in the Share Acquisition Agreement of Closed Joint Stock Company İşbank’s purchase. And the rest is due to acquisitions related to the capital
increases of subsidiaries through profit reserves.
(2)
The relevant amounts represent the increases and decreases in the market value of subsidiaries quoted on the stock exchange.
h.5.
Sectoral information on consolidated subsidiaries and the related carrying amounts:
Current Period
Prior Period
Banks
1,386,942
793,824
Insurance Companies
1,230,445
968,185
Factoring Companies
Leasing Companies
110,282
107,413
Finance Companies
Other Financial Subsidiaries
692,465
500,041
Total
3,420,134
2,369,463
h.6.
Consolidated subsidiaries traded on stock exchange:
Current Period
Prior Period
Traded on domestic stock exchanges
2,609,034
1,716,327
Traded on foreign stock exchanges
h.7.
Consolidated subsidiaries disposed of in the current period: None.
h. 8.
Subsidiaries acquired in the current period: None.
h. 9.
Other issues on subsidiaries:
İş Yatırım Ortaklığı A.Ş. which is the consolidated subsidiary has acquired another consolidated subsidiary TSKB Yatırım Ortaklığı A.Ş. through
direct acquisition. The acquisition agreement for the transfer was registered on 16 July 2012 and published in the Trade Registry Gazette
dated 20 July 2012.
i. Information on jointly controlled entities (Net):
There are no jointly controlled entities of the Parent Bank.
j. Information regarding finance lease receivables (Net):
j.1.
Presentation of finance lease receivables according to their remaining maturities:
Current Period
Prior Period
Gross
Net
Gross
Net
Less than 1 Year
560,948
462,386
494,985
403,078
1-4 Years
839,058
724,509
882,020
765,864
More than 4 Years
206,619
194,435
222,360
205,170
Total
1,606,625
1,381,330
1,599,365
1,374,112
1...,254,255,256,257,258,259,260,261,262,263 265,266,267,268,269,270,271,272,273,274,...300